LatAm Startups Announce New Accelerator in Toronto

The LatAm Startups Hub works across many verticals, including fintech, mining, IoT, edtech, VR, and biotech.

LatAm Startups today launched the LatAm Startups Hub, a new Toronto-based accelerator that will scale Latin American startups globally from Canada.

The LatAm Startups Hub announced its call for applications for the first cohort of ten (10) startups. Startups accepted into the program will receive the mentorship necessary to scale their business globally.

A group of experts will provide guidance on business development, intellectual property, licensing and commercialization strategies, introduction the Toronto startup ecosystem, plus connections to local investors and other funding options.

Startups will be required to travel to Toronto and remain in residence for at least three of each four-month cohort term, at their own expense, including a small membership fee. Extensions will be possible for those who wish to remain, and the accelerator will help successful startups to remain in Canada under the Startup Visa program, where appropriate.

Miryam Lazarte, CEO of LatAm Startups, highlights that “Toronto is the best place in the world for Latin American startups to scale globally” and added that “LatAm Startups Hub will create good-paying, high-tech jobs right here in Canada, and significantly increase bilateral trade between Canada and Latin America.”

To be eligible, startup must have a working prototype and some market validation in the form of investment or revenue from existing customers. The LatAm Startups Hub works across many verticals, including fintech, mining, IoT, edtech, VR, and biotech. The Hub will selects startups that are a “best fit” for the Toronto startup ecosystem and are most likely to succeed by coming to Canada.

Deadline to apply is January 15, 2017. First cohort will arrive in Toronto on April 1, 2017 for a four-month residency.